Belgium: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Belgium

The Belgian plastic doors and windows market dropped modestly to $X in 2022, reducing by -4.1% against the previous year. In general, consumption continues to indicate a perceptible contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Plastic Doors, Windows And Their Frames in Belgium

In value terms, plastic doors and windows production reduced to $X in 2022 estimated in export price. Overall, production showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by 10%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Doors, Windows And Their Frames

Exports from Belgium

In 2022, shipments abroad of plastic doors, windows and their frames decreased by -27.7% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by 44% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic doors and windows exports fell significantly to $X in 2022. Overall, exports showed a slight descent. The pace of growth appeared the most rapid in 2017 when exports increased by 13%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), the Netherlands (X units) and Germany (X units) were the main destinations of plastic doors and windows exports from Belgium, together comprising 89% of total exports. Luxembourg, Spain, the UK and Poland lagged somewhat behind, together comprising a further 4.4%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of -4.6%), while shipments for the other leaders experienced a decline.

In value terms, the Netherlands ($X), France ($X) and Luxembourg ($X) were the largest markets for plastic doors and windows exported from Belgium worldwide, with a combined 91% share of total exports.

In terms of the main countries of destination, Luxembourg, with a CAGR of +2.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average plastic doors and windows export price stood at $X per unit in 2022, picking up by 1.6% against the previous year. In general, the export price posted resilient growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 104% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Doors, Windows And Their Frames

Imports into Belgium

In 2022, after two years of growth, there was significant decline in overseas purchases of plastic doors, windows and their frames, when their volume decreased by -20.2% to X units. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic doors and windows imports declined to $X in 2022. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of plastic doors and windows to Belgium, accounting for a 34% share of total imports. Moreover, plastic doors and windows imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was taken by Slovakia (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+28.5% per year) and Slovakia (+11.0% per year).

In value terms, Poland ($X), the Netherlands ($X) and Slovakia ($X) appeared to be the largest plastic doors and windows suppliers to Belgium, with a combined 61% share of total imports. Turkey, the Czech Republic, Italy, Denmark, Germany, Serbia, Bosnia and Herzegovina, Romania, Spain and Luxembourg lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Serbia, with a CAGR of +26.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic doors and windows import price amounted to $X per unit, rising by 12% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic doors and windows import price increased by +24.6% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 59%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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